Podcasts about taxed

ode of Tax Tuesday, Anderson attorneys Amanda Wynalda, Esq., and Eliot Thomas, Esq., tackle a diverse range of tax questions from viewers. They explore the differences between PadSplit/co-living models and short-term rentals, explaining why PadSplit typically doesn't qualify for the same tax advantages as short-term rental activities. The duo covers entity formation costs and how they're treated for disregarded LLCs, the importance of proper documentation for independent contractor payments including W-9 forms and 1099 requirements, and cryptocurrency taxation for long-term holders. They also discuss offsetting bond interest with stock losses, wash sale rules for options trading, 1031 exchange strategies including improvement exchanges to minimize boot taxation, and comprehensive guidance on real estate professional status requirements. The episode concludes with settling a marital dispute about whether primary residence maintenance counts toward real estate professional status hours. Submit your tax question to taxtuesday@andersonadvisors.com Highlights/Topics: "Are the fees for disregarded LLCs taxable on the business return or the personal return?" - Fees follow the entity's disregarded destination and activity type. "Will the PadSplit/co-living model give you the same tax advantage as a short-term rental?" - No, PadSplit typically doesn't qualify for short-term rental benefits. "Last year I purchased a three-level eight-bedroom house with one kitchen and one bathroom on each floor. I rent the floors as separate apartments except for one level where I have two rooms rented separately. I put the house in service on January 25. I listed it as my primary residence. I never actually lived there. Can I perform a cost segregation, take advantage of bonus depreciation, et cetera?" - Yes for cost seg, but homestead fraud concerns exist. "I paid freelancers to put up a fence last year. I didn't get a receipt. Can I write off any of the costs of this fence? I used my company credit card or bank checks to conduct business with vendors and stores. I am bad at keeping receipts. But I print my bank statements. Can I use my statements as proof of purchase for tax purposes?" - Bank statements help but proper W-9s and 1099s are required. "I will be receiving profits from the sale of cryptocurrency investments that I've had for five years. I'm retired and receive social security as my only income. How will this crypto be gained from an IRS perspective?" - Taxed as capital gains, likely at fifteen percent rate. "Can interest gained on a US savings bond be offset with the loss on a stock sale for tax purposes?" - Yes, up to three thousand annually against ordinary income. "If I sell a stock at a loss and purchase calls instead, do I lose my loss benefit as if I had repurchased more stock within the 30 day period? Or in simpler terms, are calls treated the same as stock?" - Yes, calls typically trigger wash sale rule provisions. "We did a 1031 exchange with the building we own, but the place that we bought the replacement property was 250,000 cheaper. How do we minimize our capital gains on the leftover money? I know we can use capital improvements that we've made, but what are the rules and how must we document the improvements? Likewise, can we use depreciation schedules from the prior returns for the new tax returns?" - improvement exchanges must occur during exchange. "I wanna know more about the tests for real estate professional status as a way to deduct expenses from other passive income. I understand that I need 750 hours, but this is very loose and I'm not sure how it is audited exactly." - 750 hours plus fifty percent test, requires detailed documentation. "Please settle this one thing that my husband and I disagree on, I say that maintenance on our primary residence cannot be used towards rep status. He says certain things you could count towards reps would be pool maintenance, HVAC service, et cetera. I say no because it's a primary residence and reps is strictly for time you spend on rentals only. I'd like him to not have to sleep on the couch any longer." - No, personal residence maintenance doesn't count toward business hours. Resources: Schedule Your Free Consultation https://andersonadvisors.com/strategy-session Tax and Asset Protection Events https://andersonadvisors.com/real-estate-asset-protection-workshop-training/ Anderson Advisors https://andersonadvisors.com/ Toby Mathis YouTube https://www.youtube.com/@TobyMathis Toby Mathis TikTok https://www.tiktok.com/@tobymathisesq Clint Coons YouTube https://www.youtube.com/@ClintCoons

Microsoft CEO believes they're being unfairly taxed // AGREE TO DISAGREE // WE HEAR YOU! and WORDS TO LIVE BY

Tax Notes contributing editor Robert Goulder discusses how Pope Leo XIV's American citizenship creates a unique tax issue and how the United States may try to avoid taxing the pope.  For more coverage, read the following in Tax Notes:Expats Eye Pope's Tax Woes as Opportunity to Ditch Worldwide TaxAnalysis: The American Pope and Citizenship-Based TaxationFollow us on X:Robert Goulder: @RobertGoulderDavid Stewart: @TaxStewTax Notes: @TaxNotes**CreditsHost: David D. StewartExecutive Producers: Jeanne Rauch-Zender, Paige JonesProducers: Jordan Parrish, Peyton RhodesAudio Engineers: Jordan Parrish, Peyton Rhodes

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In this episode of Beer and Money, Ryan Burklo and Alex Collins discuss the critical topic of how assets are taxed and the implications for financial planning. They explore the importance of understanding tax brackets, the different types of taxable buckets, and strategies for tax efficiency. The conversation emphasizes the need for tax diversification and the impact of cash flow versus asset shifting on retirement income. The hosts provide insights into how listeners can better prepare for their financial future by considering taxation in their investment strategies. Check out our website:  beerandmoney.net For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo Takeaways Many people overlook how their assets will be taxed. Understanding tax brackets is essential for financial planning. The effective tax rate can significantly impact retirement income. There are three buckets of money: fully taxable, partially taxable, and tax-free. Tax diversification is crucial for maximizing retirement income. Cash flow shifting can enhance tax efficiency. Asset shifting can have significant tax implications. It's important to work with both a financial advisor and a CPA. The earlier you start planning for taxes, the better. Retirement income strategies should consider tax implications. Chapters 00:00 Introduction to Taxation of Assets 02:47 Understanding Tax Brackets and Income 06:02 The Three Buckets of Taxation 09:06 Visualizing Tax Implications on Assets 11:49 Strategies for Tax Efficiency 15:04 Shifting Cash Flow and Assets 17:52 Conclusion and Next Steps    

Want to dive deeper into topics like this? Master your journey with Physician Empowerment's Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—In this episode, Dr. Wing Lim welcomes Masterclass faculty member Simon Wong back to the show to discuss global and local taxes for Canadians. Simon explains how taxes vary for Canadian citizens according to physical or tax residency, the international tax rules that affect tax brackets and investments. It's a situation many medical professionals find themselves in for training, work, or financial ventures, and understanding how these taxes work is key to making wise decisions. The first thing Simon tackles is the three labels of citizenship, tax residency and physical residency. Each carries a different set of rights, obligations and planning consequences despite sounding similar. He and Wing then delve into deeper questions. How are offshore strategies affected by taxation? How can someone avoid becoming a dual country tax resident? What cross-border taxation applies to real estate in the US? Simon and Wing broach all these questions and more, exploring the best tax and accounts options for Canadian physicians at home and abroad.  About Simon Wong:As an Integrated Wealth Planner, Simon's expertise lies in simplifying complex financial concepts into clear, actionable insights, forming the cornerstone of his Financial Plans. Simon specializes in navigating individuals and businesses through the intricate landscape of tax planning and investing, utilizing his extensive knowledge and experience to foster their financial success and stability.__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca

In this episode of the Energy Newsbeat Daily Standup, Stuart Turley and Michael Tanner dive into the latest energy policy battles, starting with Germany's controversial "sun tax" as part of its net-zero push, and the UK's bold move to restrict North Sea oil production. We also explore the challenges posed by the Jones Act on U.S. LNG exports, with outdated regulations stalling progress. On the nuclear front, the U.S. sees potential for a nuclear renaissance with new uranium enrichment projects, though regulatory hurdles remain. Finally, we discuss the geopolitical implications of a possible Trump-Putin meeting and its potential impact on global energy trade and sanctions. Tune in for insights on how these developments shape the future of energy.Subscribe to Our Substack For Daily InsightsWant to Add Oil & Gas To Your Portfolio? Fill Out Our Oil & Gas Portfolio SurveyNeed Power For Your Data Center, Hospital, or Business?Follow Stuart On LinkedIn: https://www.linkedin.com/in/stuturley/ and Twitter: https://twitter.com/STUARTTURLEY16Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... and Twitter: https://twitter.com/mtanner_1Timestamps:00:00 - Intro00:14 - Germany's Net Zero Plans Include Taxing the Sun and Closing Stable Power Plants01:39 - UK Doubles Down on Net Zero, Restricting North Sea Oil Production4:56 - The Jones Act Still Has a Stranglehold on Energy Dominance, and New Shipbuilding Rules Could Derail U.S. LNG Exports09:47 - New Uranium Plant in Kentucky is Just the Start15:27 - Markets Update17:59 - Oil and Gas Rigs Still Near 3-Year Low and We Need More Online18:32 - Frac Count Update18:50 - Earnings Update22:24 - OutroLinks to articles discussed:Germany's Net Zero Plans Include Taxing the Sun and Closing Stable Power PlantsUK Doubles Down on Net Zero, Restricting North Sea Oil ProductionThe Jones Act Still Has a Stranglehold on Energy Dominance, and New Shipbuilding Rules Could Derail U.S. LNG ExportsNew Uranium Plant in Kentucky is Just the StartOil and Gas Rigs Still Near 3-Year Low and We Need More Online

Feeling like you're working harder and getting less? You're not alone — and the numbers prove it.This week's episode of The Vancouver Life Real Estate Podcast takes a hard look at how Canada's exploding tax burden, runaway deficits, and fleeing capital are colliding with the nation's housing market. We connect the dots between Ottawa's unchecked spending, falling investor confidence, and a real estate sector stuck in a high-stakes slowdown.Let's start with the core issue: Taxes. The average Canadian household earning $114,000 now pays over $48,000 in taxes — that's 42% of gross income, up 181% since 1961 after inflation. And yet, despite this massive government take, Canada is operating without a federal budget, projecting a $92 billion deficit — possibly rising to $147 billion — one of the largest in Canadian history outside of COVID spending.The result? Investors are running. A staggering $83.8 billion in capital has fled Canada since February, 90% of it heading to the U.S. It's the largest recorded outflow in recent memory and a clear vote of no confidence in Canada's fiscal policies. Canadians themselves are turning to U.S. markets, pouring $14.2 billion into U.S. stocks in May alone, more than 4x last year's volume.Real estate is taking a direct hit. In Toronto, the new condo market is oversaturated. Urbanation forecasts over 31,000 completions in 2025 — 74% higher than the long-term average. With 64,000+ units under construction, we're building faster than we're buying. The result? Rising inventory, few new launches, and a ticking time bomb for pricing — especially if rates remain elevated.In Vancouver, the BC government has stepped in with “relief” for developers by backstopping $250 million in DCC feesto keep projects alive. But make no mistake — this isn't a discount. It's a taxpayer-funded subsidy. You are footing the bill, even as housing remains out of reach for many.Rents are shifting, too. Vancouver's 1-bedroom unfurnished rents rose $9 to $2,232/month, though still lower than last year. West Van remains highest at $2,617. But in Burnaby, rents are falling fast, down 7.6% year-over-year, with some neighbourhoods like Central Burnaby dropping over 16%.Why hasn't the market crashed yet? Equity. The average Canadian homeowner has 74% equity in their home — that's $511K on a $691K home. In Vancouver, the average homeowner sits on $868K in equity. That's why we're not seeing widespread foreclosures or a true collapse. Homeowners still have leverage — for now. Mortgage dynamics are changing. Since 2022, mortgage debt is increasing for Canadians 55+ while decreasing among those under 35. Why? Older Canadians are taking on debt to help their children — or to cover rising living costs. The “Bank of Mom & Dad” is becoming the central lender of last resort.Real estate sentiment is weak. After a short-lived spring rebound, confidence is flatlining, echoing what we're seeing in sales volumes. Buyers are hesitant, sellers are holding back, and uncertainty is the only constant.Where are rates headed? With inflation lingering and capital fleeing, don't expect the Bank of Canada to cut anytime soon. Fixed mortgage rates remain in the mid 4% range, while the U.S. holds firm at nearly 7%. The result? A stagnant, supply-heavy, high-cost housing market — with no easy way out. _________________________________ Contact Us To Book Your Private Consultation:

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On this episode of Future of Freedom, host Scot Bertram is joined by two guests with different viewpoints about taxing endowments of American colleges and universities. First on the show is Henry Olsen, senior fellow at the Ethics and Public Policy Center and host of the Beyond the Polls with Henry Olsen podcast. Later, we hear from Alex Muresianu, Senior Policy Analyst at the Tax Foundation. You can find Henry on X @HenryOlsenEPPC and Alex at @ahardtospell.

Chief Operating Officer, Abbie Moore oversees direct-to-consumer digital solutions that improve the lives of pets and the people who love them. After 18 years of senior leadership at Adopt-a-Pet.com, Abbie joined Petco Love in 2022. Image recognition to return lost pets. // The Middle TV show. Shark 16' Great white comes close to fisherman in CA. Gummies and the trending brands  // In California, the taxability of gummies depends on whether they are considered a food product or a candy. Food products are generally exempt from sales tax, while candy is typically subject to it. Conway's gummies story // Another fight on a flight, this time on Frontier Airlines #PetLove #Petco #Pets #Dogs #LostPets #Sharks #FrontierAirlines #FightonFlight 

The idea gets proposed every now and then - I suspect it will happen soon. https://www.lehtoslaw.com

Today, I want to talk about something that's really flying under the radar—but it shouldn't be. Imagine being taxed on money you haven't actually earned. Not on rent you've received, not on a capital gain you've banked, but just on the increase in value of an asset you still hold. Sounds crazy, right? Well, that's exactly what the federal government's proposed new tax on superannuation above $3 million aims to do—taxing unrealised capital gains. And while they say it'll only affect a handful of wealthy Australians today, the truth is—because that $3 million cap isn't indexed to inflation—it could very well affect many, many more of us tomorrow. Worse still, it sets a precedent. If the government can tax you on unrealised gains in your super, what's to stop them doing the same outside of super? To your investment property? Your business? Your share portfolio? So today, I've chat with Ken Raiss, Director of Metropole Wealth Advisory and Australia's leading property taxation strategist. We unpack exactly what this policy means, why it matters far more than most people think, and what smart investors should be doing now to prepare. Trust me—this episode isn't just about super. It's about the future of taxation in Australia. And whether you're a seasoned investor or just planning your financial future, you need to understand what's really going on. Takeaways  ·         The proposed tax on superannuation targets unrealised profits. ·         This tax could affect more Australians than initially stated. ·         Investors need to be aware of the implications of taxing unrealised gains. ·         The new tax policy may create a complex valuation process for assets. ·         Property investors may face increased financial burdens as a result of this tax. ·         Seeking expert financial advice is crucial in navigating these changes. ·         The tax system's integrity is at stake with these new policies. ·         Long-term planning is essential for adapting to tax changes. ·         Investors should consider alternative investment strategies outside of superannuation. ·         The proposed tax could set a precedent for future taxation policies. Chapters  00:00 Introduction to Proposed Tax Changes 04:34 Understanding the Tax on Unrealized Gains 06:59 Implications for Future Generations 09:15 The Complexity of Valuation and Taxation 11:57 Fairness and Exemptions in Taxation 14:26 Investor Confidence and Market Reactions 16:57 Strategies for Wealth Management 19:36 The Role of Professional Advice 22:12 Future Taxation Trends and Concerns Links and Resources: Michael Yardney Get the team at Metropole Wealth Advisory create a Strategic Wealth plan for your needs Click here and have a chat with us  Ken Raiss, Director of Metropole Wealth Advisory  Get a bundle of eBooks and Reports at www.PodcastBonus.com.au  Also, please subscribe to my other podcast, Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Or click here: https://demographicsdecoded.com.au/

One question we hear often is “Will my SS be taxed?” When you retire and begin taking your SS benefits, will the government want to tax that?  After all, haven't you already paid taxes on this money? Add to that—there's been some talk about NOT taxing SS benefits at all!  How might that impact your retirement? And is it as good as it sounds?

In this week's episode, I dive deep into investment taxation and how it impacts your overall returns. Understanding how different investments are taxed is crucial if you're trying to maximize your portfolio's performance.Stocks: Learn about capital gains taxes, dividends, and the importance of holding periodsBonds: Discover the tax implications of corporate, treasury, and municipal bondsETFs and Mutual Funds: Understand the differences in tax treatment and why ETFs may be more favorableCryptocurrency: Get insights on capital gains, staking, and the unique aspects of crypto taxationREITs: Explore the tax inefficiencies of real estate investment trustsReal Estate: Learn about income tax, depreciation, and capital gains exclusions for primary residences---------✅ Financial planning for 30-50 year old entrepreneurs: ⁠⁠https://www.allstreetwealth.com⁠⁠⁠⁠✅ My personal blog & newsletter: ⁠⁠https://www.thomaskopelman.com⁠⁠⁠⁠Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.

Money sent home by illegal immigrants in the United States could soon be taxed by the U.S. government. Remittances are a top incentive for many illegal immigrants looking for work in the United States, and there are broad systems set up to help them send money to their families in the countries they came from. But a new bill could put that money up for taxation.Views expressed in this episode are opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.

Why are your property taxes going up — and where is that money actually going? This week's CMC forum tackles the property tax questions on everyone's mind, with experts who understand the system inside and out. From home values to school funding, to mills and assessments, our panel helps make sense of it all. Featuring: Michael D. Cole, President, Columbus City School Board Greg Lawson, Research Fellow, The Buckeye Institute And Michael Stinziano, Franklin County Auditor The host is Anna Staver, State Government and Politics Reporter for Cleveland.com and The Cleveland Plain Dealer. This forum was sponsored by Bricker Graydon. The presenting sponsor of the CMC livestream was The Center for Human Kindness at the Columbus Foundation. CMC's livestream partner was The Columbus Dispatch. This forum was also supported by The Ellis. Recorded before a live audience at The Ellis in Columbus' historic Italian Village on May 14, 2025.

As the “celebration” of April 15th nears, the importance of tax planning remains critical.  What celebration, you ask? The celebration that they're done, of course. On today's show, we'll discuss the seven components of winning at taxes, especially after you've retired. The bottom line is that the savings you can take advantage of can be significant and leave you with a lot more after-tax dollars to use more efficiently in retirement. Next, Heidi will review an article from Kiplinger called “16 Retirement Mistakes You Will Regret Forever.” We agree with many of these mistakes, but not all of them. We'll discuss why and how these can make a real difference in your world. Tune in and take control!

Law Firm Profit Is Taxed Whether You Keep It In The Business Or Not! Run a law firm? Get expert bookkeeping and tax strategy—free consult here: https://bigbirdaccounting.com

Blake Murphy and Julia Kreuz recap the Blue Jays' weekend, where they left a ton of runners on base and made some curious choices on the base paths. Afterwards, Levi Weaver (28:02) talks about the Texas Rangers and players he enjoys watching while looking around the MLB.The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the position of Rogers Sports & Media or any affiliate.

So now we know, Labor is headed into a landslide result from the election, after Liberal votes fell away and the opposition leader Peter Dutton lost his seat. If the number holds through to the end of the count, it will be the highest two-party preferred vote since World War II, exceeding the 55.7 per … Continue reading "A Bigger, More Taxed, Less Housed Australia Incoming?"

Certified Retirement Counselor Miguel Gonzalez breaks down how Social Security is taxed in 2025 and shares smart strategies to avoid surprise tax bills.Cortburg Retirement Advisors is a boutique financial planning firm committed to helping you grow, protect, and preserve your assets from your first job to retirement. We specialize in wealth management, estate and tax planning, group retirement, employee benefits, insurance, and retirement planning to navigate any economic climate.Miguel Gonzalez, a Retirement Specialist with 20+ years of experience, offers expertise in retirement income planning, investment management, and retirement plan design. With an MBA from Columbia Business School, and professional experience with JP Morgan Chase, Merrill Lynch, and more, Miguel is a trusted advisor for his clients.#SocialSecurity #RetirementTaxes #TaxPlanning #SocialSecurityBenefits #2025TaxRules #RetirementPlanning #TaxableBenefits #CortburgRetirementAdvisors #MiguelGonzalezCRC #FinancialPlanning #RetirementIncome #TaxSmartRetirement #TaxStrategy #SocialSecurityTips #TaxGuide2025 #SmartRetirementMoves #SeniorFinance #RetirementEducation #YouTubeFinance #MoneyMondaysWelcome to Cortburg Speaks Retirement Podcast with Miguel Gonzalez, MBA, AIF®, CPFA®, CRC® CLICK HERE TO LISTEN TO MIGUEL'S LATEST PODCAST FOLLOW US ON: YouTube->https://m.youtube.com/c/CORTBURGRETIREMENTADVISORS Facebook-> https://m.facebook.com/CortburgInc Twitter-> https://twitter.com/CortburgInc LinkedIn->https://www.linkedin.com/in/miguelxgonzalez/ Website: www.CortburgRetirement.com Email: Miguel@CortburgRetirement.com

It's Tax Day 2025 … what ISN'T taxed?? The president of El Salvador visits the White House and discusses immigration solutions with President Trump. What's the latest on "Maryland Man" and his deportation to El Salvador? Vice President Vance's unfortunate moment with the national championship trophy. Former Treasury Secretary Janet Yellen says manufacturing jobs aren't coming back to the U.S. five minutes before manufacturing jobs move back to the U.S. Stock market had another positive day! Six women go to space, and Jeff Bezos takes a tumble. Michigan Governor Gretchen Whitmer (D) tries to explain why she covered her face at the White House. Trump vs. Harvard. Real ID deadline is fast approaching. Is TSA Pre-Check worth it? Time to eliminate all federal income taxes? 00:00 Pat Gray UNLEASHED 00:13 How Many Taxes do Americans Actually Pay? 05:53 President of El Salvador Visits the White House 10:34 Trump Discusses the MS-13 "Maryland Man" 22:00 Marco Rubio Chimes In on "Maryland Man" 23:30 Trump Excludes Kaitlan Collins from Asking Questions 25:13 Trump talks Iran's Pursuit of Nuclear Weapons 30:57 JD Vance Fumbles with the NCAA Trophy 32:51 Janet Yellen Does Not Believe in Reshoring 36:59 Piers Morgan Goes Off on Pro-Hamas Student Situation 43:35 WOMEN IN SPACE!!! 46:54 Katy Perry Describes her Trip to Space 55:39 Gretchen Whitmer Explains Why she Covered her Face 58:16 AOC and Bernie Sanders Continue their "I Hate America" Tour 1:08:01 Ivan Raiklin Threatens CNN Reporter? 1:16:56 Greg Gutfeld talks about the Greatness of DOGE 1:20:56 Trump Wants to Stop the Funding of PBS and NPR 1:24:34 Trump Freezes Federal Funding to Harvard Because of D.E.I. 1:29:57 Pat Needs a TSA Pre-Check Card 1:34:17 Flat Tax, Please? Learn more about your ad choices. Visit megaphone.fm/adchoices

14.04.25 Pt 2 - Gareth and Leigh-Ann sit down with economist Chris Hart for a deep dive into the financial headlines shaping your world. What does the recent VAT increase really mean for everyday South Africans? Could the ongoing trade tension between the US and China spill over into our economy? And is BRICS the unlikely hero that could help save the rand? The Real Network

Our miracle finds us in the midst of controversy for Peter and Jesus. Is Jesus obligated to pay the temple tax or is He not? As John brings us this message from Matthew 17, we'll discover that not only is Jesus not liable for the tax, but all children of God aren't. However, in our freedom, we are live in humility just as Jesus did.

Rich people should cut back on flying and allow poorer families to take the form of travel, all with the intention of cutting overall emissions globally.That's according to Emma Pinchbeck of the Climate Change Committee.What do you think? Is this unreasonable or would it make sense in the big picture?Andrea is joined by Climate Journalist, John Gibbons as well as listeners to discuss.

How does the principle of the consent of the governed affect the way we approach taxation and what we do about it? Topic: Our Mission The Public Square® with hosts Dave Zanotti and Wayne Shepherd thepublicsquare.com Air Date: Thursday, April 3, 2025

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In this episode, Brandon and Jess break down the mechanics of tax brackets and discuss how the progressive tax system is widely misunderstood, often leading to make costly financial mistakes. If you've ever worried about taking a raise because it's going to push you into a "higher tax bracket" or assumed your entire income gets taxed at your highest rate, then this conversation will transform your understanding of how taxation actually works.Whether you're early in your career or an established professional, understanding these tax fundamentals will change how you view your paycheck and financial opportunities. Watch this episode in video form on YouTubeTo apply to be a guest on the showYou can email us at: thesugardaddypodcast@gmail.comBe sure to connect with us on socials @thesugardaddypodcast we are most active on InstagramLearn more about Brandon and schedule a free 30-minute introductory call with him Please remember to subscribe, rate, and review.

This Day in Legal History: Selma to Montgomery MarchOn March 21, 1965, Martin Luther King Jr. led the beginning of the third and final Selma to Montgomery march, a pivotal moment in the American civil rights movement. The march was a direct response to the violent suppression of earlier demonstrations and the systemic disenfranchisement of Black voters in the Jim Crow South. Just weeks earlier, peaceful marchers had been brutally attacked by law enforcement on “Bloody Sunday,” as they attempted to cross Selma's Edmund Pettus Bridge. That violence was broadcast nationwide, shocking the conscience of the country and mobilizing public support for voting rights legislation.The march that began on March 21 was federally sanctioned, with U.S. District Judge Frank M. Johnson Jr. ruling that the demonstrators had a constitutional right to march. Protected by federal troops and the National Guard, the marchers traveled 54 miles over five days, arriving at the Alabama State Capitol in Montgomery on March 25. Their numbers swelled to more than 25,000 by the time they reached the steps of the Capitol, where Dr. King delivered his famous "How Long, Not Long" speech, declaring that “the arc of the moral universe is long, but it bends toward justice.”This sustained campaign of nonviolent resistance laid the moral and legal foundation for the Voting Rights Act of 1965, signed into law just five months later. The Act outlawed discriminatory practices like literacy tests and poll taxes and empowered federal oversight of voter registration in areas with histories of discrimination. The Selma marches highlighted the power of constitutional protest and judicial protection of civil rights, reinforcing the essential role of federal courts in safeguarding democratic participation.There was once a towering oak tree that stood firm in the wind and, under it, a reed that bent whenever the wind blew. A tyrant came to the land of the reed and oak, stomping his boot wherever he pleased. The oak resisted and was chopped down. The reed, seeing this, bent deeper–letting the boot press it into the mud day after day. Years passed and the reed, still alive, whispered to the boot: “See? I'm wise – I survived.”The boot replied, “You're not wise. You're soft. The oak was crushed because it defied us. But you? I step on you because I can.” Then the boot ground the reed into the dirt—without another thought. In a move that underscores the growing influence of executive power over traditionally independent legal institutions, President Trump rescinded an executive order targeting Paul Weiss after the firm pledged $40 million in pro bono services aligned with his administration's political goals. The announcement followed a private meeting with firm chairman Brad Karp and was accompanied by a sweeping commitment: no DEI policies, merit-based hiring, and representation of clients across the political spectrum—including those favored by the administration.Trump had previously sanctioned Paul Weiss by revoking its security clearance and threatening client contracts, citing the involvement of former partner Mark Pomerantz in the Manhattan DA's prosecution of Trump. That campaign against Paul Weiss, part of a broader effort targeting over 20 legal entities, seemed aimed at punishing firms perceived as adversarial while promoting loyalty through coercion.Karp's public gratitude for the order's withdrawal—and his reported acknowledgment of “wrongdoing” by Pomerantz—reads less like a principled resolution and more like a compelled confession by a simpering coward. Paul Weiss, a firm with deep Democratic ties, has now aligned itself with a president actively dismantling traditional norms around legal independence, seemingly in exchange for restored access and favor.This capitulation signals more than just a thaw in Trump's icy relationship with Big Law—it may represent a strategic blueprint: punish, pressure, and reward compliance – like with dogs. Legal experts and those with eyes to see warn that this redefinition of executive influence risks turning law firms into instruments of political will rather than defenders from it.Trump Rescinds Paul Weiss Order as Firm Pledges $40 Million (2)Frustrated by constant helicopter and seaplane noise, New York lawmakers are pushing for a first-of-its-kind "noise tax" targeting non-essential flights over the city. The proposal, led by state Sen. Kristen Gonzalez, would charge $50 per seat or $200 per flight for tourist and luxury air travel, while exempting essential services like medical transport, law enforcement, and construction. The revenue—expected to reach $10–15 million annually—would fund the state's Environmental Protection Fund, a move Gonzalez says is critical amid federal environmental funding cuts under President Trump.The bill reflects growing anger among residents across socio-economic lines who say aerial traffic disrupts daily life, especially in parks and along waterfronts. App-based services like Blade have exacerbated the issue by making chartered air travel more accessible to the wealthy, turning the skies into noisy corridors over neighborhoods and landmarks.Supporters, including advocacy group Stop the Chop NY/NJ, hope the tax discourages unnecessary flights by raising costs. However, the helicopter industry, represented by Vertical Aviation International, strongly opposes the bill. They argue that aviation regulation is solely under federal jurisdiction and warn the tax could trigger lawsuits and threaten jobs. The group says it has already taken steps to reduce noise but acknowledges that changing flight paths often just shifts the problem from one area to another.The legislation has passed the state Senate but faces challenges in the Assembly, where it stalled last year. With a budget deadline approaching on April 1, negotiations continue.New Yorkers Sick of Hovering Helicopters Prompt Bid to Tax NoiseA federal judge has ruled that the Social Security Administration (SSA) likely broke privacy laws by giving Elon Musk's anti-fraud team, known as the Department of Government Efficiency (DGE), unrestricted access to sensitive personal data on millions of Americans. Judge Ellen Lipton Hollander of Maryland blocked any further data sharing and criticized the agency for turning over vast amounts of information without proper oversight. The judge described DGE's actions as a "fishing expedition" based more on suspicion than evidence, warning against overreach in the name of rooting out fraud.The data in question comes from the SSA's “Numident” database—its so-called “crown jewels”—which holds Social Security numbers, medical records, banking data, and more, some dating back to the 1930s. SSA officials admitted DGE staff had access to a “massive amount” of records, and privacy advocates said the team was embedded in the agency without vetting or training. The ruling requires DGE to delete any data it accessed.The decision is a significant setback for DGE and comes on the heels of another ruling limiting Musk's authority to shut down USAID, since he lacks Senate confirmation. President Trump's administration has defended DGE's mission, calling it a necessary tool to cut waste, but the court noted a disturbing lack of concern for citizen privacy. SSA's acting head, Leland Dudek, expressed confusion over the order's breadth and said it might require cutting off access for all SSA staff.Meanwhile, labor unions and advocacy groups involved in the lawsuit welcomed the decision, saying it defends Americans' data from unlawful government intrusion. DGE's aggressive tactics have drawn scrutiny across other agencies as well, with courts allowing access in some departments but blocking it in more sensitive areas like the Treasury.Judge stops Musk's team from 'unbridled access' to Social Security private data | ReutersChief Judge Diane Sykes of the 7th U.S. Circuit Court of Appeals will take senior status on October 1, creating the first appellate court vacancy during President Donald Trump's second term. Sykes, appointed by President George W. Bush and once considered a potential Supreme Court nominee under Trump, has served over three decades in both the Wisconsin and federal judiciary. Her transition to semi-retirement allows Trump to nominate a new full-time judge to the influential Chicago-based court, which currently holds a narrow 6–5 Republican-appointed majority.Sykes cited a desire to spend more time with family as her reason for stepping back from active service. She becomes the second federal appellate judge to announce senior status since Trump's return to office, following Judge Sandra Ikuta of the 9th Circuit. While four appellate vacancies remain from President Biden's term, Sykes's departure offers Trump his first direct opportunity to shape the 7th Circuit bench.Sykes has authored notable decisions, including one upholding Wisconsin's voter ID law and a dissent in a landmark 2017 case where the 7th Circuit ruled that LGBTQ employees are protected under Title VII. She criticized the majority in that case for overstepping legislative boundaries—a position later rejected by the Supreme Court in Bostock v. Clayton County (2020).7th Circuit's Sykes to take senior status, creating vacancy for Trump | ReutersThis week's closing theme is by Johann Sebastian Bach.This week, we close with a piece as enduring and elemental as the legal principles we often discuss: Johann Sebastian Bach's Cello Suite No. 1 in G Major, specifically its iconic Prelude. Born on this day, March 21, 1685, Bach remains one of the foundational figures in Western music—a composer whose work balances mathematical precision with deep emotional resonance. Though he wrote for kings and churches, his music speaks to the full range of human experience, from joy to lament, duty to wonder.The Prelude to this suite is among the most recognizable solo cello pieces ever written, opening with a simple G major arpeggio that expands into a flowing, almost improvisational meditation. It's unaccompanied, yet complete—no orchestra, no embellishment, just one instrument revealing infinite depth. Written around 1717–1723 during Bach's time in Köthen, the suites were not published in his lifetime and lay in relative obscurity until cellist Pablo Casals rediscovered them in the 20th century.The piece carries a quiet authority that feels apt for reflection—whether on a ruling, a civil rights march, or a government in turmoil. It's structured, yes, but never rigid; expressive, but never indulgent. The Prelude doesn't declare or argue. It invites, it unfolds. It reminds us, like authority best wielded, that elegance lies in clarity and that restraint can be a form of power.This week, we let the steady resonance of Bach's Prelude accompany us out.Without further ado, Johann Sebastian Bach's Cello Suite No. 1 in G Major, the Prelude. Enjoy! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

Ben and Jerry's CEO fired for posting in support of Mahmoud Khalil. In light of the rogue judiciary attempting to thwart Trump's agenda, we look back at the Democrats' previous statements encouraging Biden to ignore the Supreme Court. Would you support raising taxes on college's endowments? Visit the Howie Carr Radio Network website to access columns, podcasts, and other exclusive content.

Law Firms Taxed as S-Corps do NOT get Audited More. Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount

#273rd for 27th February, 2025 or 3311! (33-Oh-Leven, not Oh-Eleven, OH-Leven)http://loosescrewsed.comJoin us on discord! And check out the merch store! PROMO CODEShttps://discord.gg/3Vfap47ReaSupport us on Patreon: https://www.patreon.com/LooseScrewsEDSquad Update:  hereAll details in the #standing-orders and/or the #loose-screws-factions channels of the Discord.PowerPlay Update:  Imp on Imp violence in HIP 58180 Reinforcement Objectives Ross 310 – Maintain fortifications to repel enemy undermining. This secures our advance toward Vagho. Tamor – Ongoing special op with After Dark Initiative. Strengthening defenses near Maikoro to ensure fallback positions. Acquisition Objectives Wolf 10 – Continue acquiring control; 100k merits needed for full consolidation against Archer. Undermine Objectives V740 Cassiopeia – Critical target. Its fall paves the way for the next fortified system en route to Vagho.For more information check the PowerPlay Hub for LSN operational orders, discussion and tips to complete those optional powerplay weekliesGalnet Update: https://community.elitedangerous.com/ Independent Colonisation Support Campaign Goes Live CG for cargo deliveries and bounty hunting in Minerva System Colonisation Equipment Reaches Public MarketDev News:  FU happened! Elite Dangerous | 2025 RoadmapRoadmap: 4 new ships, 2 new featuresPhase 1TrailblazersPhase 2 AprilNew ship: Gutamaya CorsairMedium MultiroleSIZE 7 THRUSTERS ON A MEDIUM SHIPPhase 3 summerNew shipNew feature: VanguardsSpiritual Successor to SquadronsCommunication and interaction with membersAllows you to set objectives for the members of the squad and pay rewardsCan pit vanguards against each other and competeVanguard can tie into BGS and powerplay for orders and objectives that need done. Vanguard banks: credits/ships/modulesPhase 4 Autumnnew ship Phase 5 WinterNew shipNew FeatureDiscussion: https://www.elitedangerous.com/en-US/UpdateNotes COLONIZATION UPDATE AND ROADMAP New Gutamaya Ship Predictions (All we know so far is what it looks like, and that it has size 7 thrusters and is a medium ship) Feature complete “beta” where they can change the numbers as they see it play out Galmap system claim mode, scan to verify what the system can support First starport size matters to what else the system can develop into 24 hours to claim, 7 days to fulfil station building requirements, or it goes back to unoccupied System architect gets passive income from system with at least 3 constructions. Taxed over 5m Small discount on ships and outfitting in systems with at least 10 constructions Name generator with limited rerolls or pay 5000 arx to custom name, unlimited System architect's faction will be the 3rd in the new system New refinery contact who can refine mined commodities into more valuable stuff New asteroid stations in ice, and a few other fancy models Mantalay now available with a new kit with ALL THE WINGSCommunity Corner: DISTANT SCREWS 3 Still Ongoing! One more day to submit for the screenshot contest. Commander Roy Cookson of the Loose Screws has been writing stories of his adventures out exploring with us, if anyone wishes to read them they can be found in the Distant Screws 3 thread, under “Roy's Stories.”  Doofus McDingbat won the giveaway in the FU stream and that is fantastic.

We are back to answer YOUR listener questions. This time, we answer why bananas can be considered the 'unbothered fruit', what a flat income tax would actually look like, and how extended-hours stock trading works. If you have your own question about the economy, please email us at indicator@npr.org. Related episodes: My Favorite Tax Loophole (Apple / Spotify) The cautionary tale of a recovering day trading addict (Apple / Spotify) So imPORTant: Bananas, frogs, and... Bob's?? (Apple / Spotify) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

This week on The Tax Factor, Nimesh Shah is joined by US tax expert Michael Holland to break down Trump’s latest blunder on VAT; has someone got the wrong end of the tax stick? Meanwhile, Elon Musk is diving into IRS tax data, but Michael warns it might not be the goldmine he expects. And with the cost of running the UK tax system soaring, will HMRC find those elusive efficiencies or are we all in for an even bigger tax bill?See omnystudio.com/listener for privacy information.

TIME STAMPS:00:00:00 Community Guest Intros00:08:00 Avowed Gets "XBOX TAXED" By Games Media AGAIN, When Will It END?00:52:00 Phil Spencer CONFIRMS What The 70% Makes For Other Platforms Is Used For!01:22:00 The Next Generation Of Xbox Hardware Has Been CONFIRMED To Have Been Funded and Approved ALL The Way Up The Chain According To Jez Corden of Windows Central!01:25:00 Panel Outros and Special Message to the Community!

The easiest way to invest in real estate is through publicly traded REITs, Real Estate Investment Trusts and REIT mutual funds or exchange traded funds. Congress established REITS in 1960 which must meet specific criteria. -        Invest at least 75% of its total assets in real estate, cash, or US Treasurys -        Derive at least 75% of its gross income from rents of real property, interest on mortgage financing property or from sales of real estate-        Pay at least 90% of its taxable income in the form of shareholder dividends each year-        Taxed as a corporation and managed by a board of directors or trustees -        Must have a minimum of 100 shareholders with no more than 50% of its shares held by five or fewer individuals. REITs can be a good source of cashflow, though they tend to be tax inefficient. REITs provide high liquidity and diversification and you can start with small investments.  Please subscribe and leave a review on your favorite Podcasting platform. If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbookYou can learn more about Elisa at her website or follow her on social media.Website: https://ww.GrowYourWealthyMindset.comInstagram https://www.instagram.com/GrowYourWealthyMindsetFacebook https://www.facebook.com/ElisaChianghttps://www.facebook.com/GrowYourWealthyMindsetYouTube: https://www.youtube.com/c/WealthyMindsetMDLinked In: www.linkedin.com/in/ElisaChiang  Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast is for informational and entertainment only and should not be considered professional investment, legal, or tax advice. Dr Elisa Chiang is not a certified financial planner, attorney, or accountant.  The views expressed are the personal opinion of Elisa Chiang and her guests and should not be taken as advice specific to you, the listener of the podcast. Personal finance is personal and your personal financial decision need to be made based on your personal financial situation and risk tolerance after having completed your own due diligence.   

Congressman Brandon Gill from Texas discusses the ongoing efforts to enhance transparency in government spending, the importance of accountability, and the push for permanent legislation to back President Trump's executive orders. Gill also shares insights on the current political landscape, foreign policy, and the fight against censorship. Later, national security expert Victoria Coates, shares her insights on the importance of communication with Russia and the potential consequences of the Biden administration's approach. Finally, Mike Davis, founder of the Article 3 Project, discusses the ongoing battle for control of the Justice Department, highlighting the tension between elected leaders and career bureaucrats.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On this show, we discuss the challenges faced by single individuals in a society that prioritizes traditional family structures, including the impact of tax policies and food waste practices, with NCCU Law Professor Ashley Hillard.

Are you feeling taxed by people taking up too much of your time and energy? We'll help you set healthy boundaries. Dr. Greg and Lisa will help you solve your problems with relevant, relatable and achievable tools and solutions straight from the genius of the Theology of the Body.

Are you feeling taxed by people taking up too much of your time and energy? We'll help you set healthy boundaries! Dr. Greg and Lisa will help you solve your problems with relevant, relatable and achievable tools and solutions straight from the genius of the Theology of the Body.

Consumer confidence, as assessed by The Conference Board, grew steadily the past few months. But in December, the index fell 7%. One likely driver? Agita over President-elect Donald Trump’s tariff proposal. Also in this episode: The Senate passes a pricey bill to fix a decades-old Social Security issue, President Joe Biden announces an investigation into China’s trade practices for chips, and we check in with an Asheville business recovering from Hurricane Helene.

Consumer confidence, as assessed by The Conference Board, grew steadily the past few months. But in December, the index fell 7%. One likely driver? Agita over President-elect Donald Trump’s tariff proposal. Also in this episode: The Senate passes a pricey bill to fix a decades-old Social Security issue, President Joe Biden announces an investigation into China’s trade practices for chips, and we check in with an Asheville business recovering from Hurricane Helene.

In this episode of Tax Tuesday, Anderson Advisors attorneys Clint Coon, Esq., and Eliot Thomas, Esq., discuss essential tax strategies for business owners and investors. Topics covered include late S election strategies, the best approach for payroll and officer compensation, and the benefits of Solo 401(k) plans over Roth IRAs. You'll hear about how to tackle tax implications for cryptocurrency staking, offshore trusts, and real estate professional status. Additional insights include structuring holding companies for real estate investments, deducting rental expenses, and handling business losses. Tune in for expert advice on navigating complex tax decisions.   Send your tax questions to taxtuesday@andersonadvisors.com. Highlights/Topics:  "I'm considering a late S election effective January 1st of 2024." Okay, so we're going back in time here for an LLC. "I understand it's late in the year to get everything in order. I've heard others recommend an option to avoid payroll for 2024 by issuing a 1099 miscellaneous as officer compensation in lieu of a late payroll, then get payroll set for 2025. Would you suggest this 1099 approach, or is there still time to get payroll done for all of 2024?" - We don't advise this here at Anderson. We want you to roll the proper W-2 payroll. Yes, there's plenty of time. “What type of businesses do I need to set up a Solo 401(k) or Roth IRA?” - Look at the Solo 401(k) and use the Roth component built into the Solo 401(k) versus doing a Roth IRA because it gives you a little more flexibility in the control of those funds. "Can you review the contribution rules for a Solo 401(k) and for an IRA in 2024? For instance, when you defer income at year end and make a company match, then also the IRA contribution if possible?” - You can contribute up to $23,000 as the employee, and then the employer can contribute up to 25% of your earned wages "I invested in a cryptocurrency a few years ago. I have been staking it directly on the network, and in return, I receive a staking reward. How is the crypto activity taxed?" - The staking is usually considered ordinary income. That means it's going to be taxed at ordinary rates and very likely is subject to employment taxes. “I've been considering opening an offshore trust that owns an offshore LLC that engages in forex day trading business in the Cayman Islands. I only pay taxes on distributions received from the trust that way, I can grow capital outside the US. Am I on the right path here? And are there other consequences that I should consider?” - The way the US taxes individuals is that when we say worldwide income, it's not the income you earn in your own name. It's also the income that you earn through entities that you hold an interest in. "I have a real estate professional status." (We call it REP status for short.) "I have invested in both traditional, rentals, and syndications, both use cost segregation and bonus depreciation. Can I claim the paper loss from real estate syndications together with our other rental activity after electing to aggregate all real estate activity? Is it allowed to claim all losses, or the ones from syndications disallowed?" - You have to work over 750 hours in a real estate trade or business that you ‘materially participate' in. That could be I sell houses, real estate agent, things like that. I manage houses, anything like that, and that has to be over 50% of your work week. Typically, it's difficult to do if you have a W-2 job.  "I own three separate holding companies, LLC taxed as a partnership for my real estate." We'd always recommend that, some oil, and mineral rights. "A second taxed as a partnership for active real estate flips." We might have an issue with that. "S-corporation for technology consulting." "I saw Anderson videos on holding a passive brokerage account, not active trading, in an LLC for asset protection. Where do you recommend I'd place this? Would it go into one of these other LLCs or some other holding company? I would prefer to avoid an extra annual federal tax filing if possible." - I would keep it completely separate because you've got this one set up for the oil, this one set up for the real estate, this one here is our active business. Putting your brokerage, your savings account into any of those entities just wouldn't make sense to me. "I have a primary residence that I plan to rent after one year, which would be in December. If I put it into service this year, can I deduct expenses that were needed to make it ready for that rental, such as a cost seg for this year?” - It's a question of when it is placed into service. If we've already placed it in the services and we start, depending on what we're doing to improve on it, if it is just an improvement, that's still just going to go to basis, and we would depreciate it now that it's a rental. “Clint recommends using a partnership holding company for residential real estate investment. "Do I need to start a new IRS filing submission with a partnership holding company or keep it on my existing Schedule E, personal IRS filing? I have 25 investment homes, so I'd like to minimize the amount of work for this change. I'm not sure how to do this accounting change." - You can write out 25 little boxes down here that all lead up to just one entity, Wyoming holding. We'll make them do all 25. "I have a relatively new corporation whose expenses exceed income," so we've got losses. "Can these expenses be used to offset income in 2025? If so, how would I indicate this on this year's tax return?" - If we have more expenses than income, it's a loss, it can carry forward into the next year. Resources: Schedule Your FREE Consultation https://andersonadvisors.com/strategy-session/?utm_source=staking-crypto-how-are-rewards-taxed?&utm_medium=podcast Tax and Asset Protection Events https://andersonadvisors.com/real-estate-asset-protection-workshop-training/?utm_source=staking-crypto-how-are-rewards-taxed?&utm_medium=podcast Anderson Advisors https://andersonadvisors.com/ Toby Mathis YouTube https://www.youtube.com/@TobyMathis

Imagine you've just had everything stolen from you by a ruthless scammer. You are wondering how you will pay your bills, maybe even have enough money to buy food. And then a bill arrives from the IRS – you owe taxes on the stolen money. Unfortunately, scam victims across the country are getting hit with huge tax bills thanks to a change in the tax code a few years ago. In this episode, you'll meet Chester, a retiree from California who is living this very nightmare right now, as well as the lawmakers working on the bipartisan effort to change the tax code.